Is Margaretta Township, OH a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Margaretta Township is a neutral's market

Buyer's
Market

Difference Since January 2022

At the same time last year, Margaretta Township was a Seller's Market.

Key Takeaway

Margaretta Township is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

How much do homes in Margaretta Township, OH cost?

Median Sold Price

$195,000

$126/sqft

Based on all homes sold in the last 12 months.

Difference Since January 2022

+$24,000(+14.0%)

Key Takeaway

Homes in Margaretta Township have sold for 14% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSJan 2022Jan 2023%
1 -$70K
N/A
2 $201K$149K
-25.9%
3 $170K$194.5K
+14.4%
4 $211K$246.2K
+16.7%
5+ -$370K
N/A

Median Sold Price Compared To Nearby Cities

Margaretta Township
+14.0%
Sandusky
0.4%

How many homes are available in Margaretta Township, OH?

Number of Homes For Sale

Dec 2022Jan 2023%
107-30.0%

Homes For Sale By Bedroom Count

# BEDSDec 2022Jan 2023%
1 00
0.0%
2 22
0.0%
3 63
-50.0%
4 12
+100.0%
5+ 10
-100.0%

Number of Homes Sold

Dec 2022Jan 2023%
51-80.0%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Margaretta Township, you could pay more than the asking price. 100% of homes here sold above asking price last month.

Average Sale Time

Jan 2022Jan 2023%
48 Days112 Days+133.3%

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Most homes in Margaretta Township are taking a long time to sell, it's a good idea to negotiate on homes here.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

About Margaretta Township, OH

Number of homes for sale in Margaretta Township, OH real estate market have reached 7. In January 2023 in Margaretta Township, OH there were 30% less homes for sale than in December 2022. While the average time on the market in January 2023 was 112 days, the median list price was $195,000. Between December 2022 and January 2023, listing prices of homes in this real estate market have seen the following changes: the cost of 1 bedroom properties went up by 0%, the cost of 2 bedrooms properties went down by 25.9%, 3 bedrooms properties became 14.4% more expensive, 4 bedrooms properties prices increased by 16.7%, 5 bedrooms properties became 0% more expensive. Volume of homes for sale changed: the quantity of 1 bedroom homes have not changed, 2 bedrooms homes did not move, the quantity of 3 bedrooms homes went down by 50%, number of 4 bedrooms homes increased by 100%, 5 bedrooms homes became 100% less available. Margaretta Township, OH housing market in January 2023 saw over 1 listings sold above listed price, more than 0 sold at listed price and over 0 sold below.

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